Loans of North consumer -americans increase in three months in wide collection

American consumer loans increased in March by three months in March, reflecting a collection in credit card balances, as well as a solid increase in motor vehicles and other non-returned loans.

Total credit increased by $ 10.2 billion after a $ 614 million revised in February, according to Federal Reserve data. The median projection in a Bloomberg survey in Economists called for an increase of $ 9.4 billion. Monthly figures capture a quarter that saw the largest annual credit gain in almost a year.

The non -surround debt, such as vehicle purchases and school license plates, increased $ 8.3 billion. Pending credit card and other turning debts increased $ 1.9 billion in March. The report does not include mortgages.

The figures add evidence that many consumers increased their purchases of large ticket items such as motor vehicles over the expectations that goods could be more expensive due to higher rates. Automobile sales increased in March to the fastest pace in almost four years, based on Wards Intelligence data.

“Consumers continue spending, credit card spending is still a healthy economy, although one that is surrounded by a very deep feeling by people and companies,” said Fed President Jerome Powell in an informative session after central bankers left unchanged interest rates before Wednesday.

At the same time, the North -Americans are more vigilant in their finances as anxiety is based on US trade policy. Recent feelings for consumers have indicated more pessimism about the perspectives of both the labor market and the economy.

This story originally presented to Fortune.com

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